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carolina to find out. >> simon: the prosecution says you're a con man, a thief. what do you say to that? barry landau pulled off the single largest theft of historic artifacts in the united states: thousands of items, including signed documents by george washington, thomas jefferson, francis scott key, and mark twain. and for 20th century buffs... >> one third of a nation... >> simon: ...f.d.r.'s copy of his 1937 inaugural address. all of these were found in landau's apartment? >> all of these documents were seized from mr. landau's apartment in new york city. >> i love you, guy. i love you. >> who has a bigger moustache? hey, there's a good looking woman! >> pitts: shad khan is the newest owner in the national football league. >> i'm jaguars owner shad khan, and i'm all in. >> pitts: his rakish moustache and unflagging optimism have made him a favorite in northern florida, but it's his unique american success story that made him a story for "60 minutes." >> i'm steve kroft. >> i'm leslie stahl. >> i'm bob simon. >> i'm lara logan. >> i'm byron pitts. >> i'm scott pelley. those stories
with the markets. tyler's off today. simon hobbs is my partner for the hour from the nyse. a lot of pressure in this market today, simon. >> let kick off with the markets. the s & p falling for a third straight day. the nasdaq 100 breaking below its 50-day moving average. intel and certainly apple are weighing on tech he is today. commodities also on the move a big move on oil. full team coverage on cnbc. sharon epperson at the nynex and rick santelli just off camera with breaking news on the bond markets. let's begin with bob here. big move on tech and discretionary. >> 3-1 declining advancing stocks on the flat line until 10:30 or so when the your row, yes the your row, started breaking to the lows of day, euro down, dollars moved up, our market, moved down, this is what happened, prior to 11:00 eastern time. look at the s & p 500. you can see we were not far from the flat line and just drifted right down as the euro hit the lows for the day. elsewhere sectors, you know what is going on with apple, down four days in a row down more than 10% from the recent high, that was september 5th. the
is always on the money, my partner for the hour, simon hobbs is down at the nyse. >> down here on the floor of the nyse, we were hovering around the flat line for much of the morning but the starts have started to take a leg down. we are off our lows. we were down about 63 points on the dow. we've traded slightly higher, just currently down 22 as you can see. good gdp data coming out today but those earnings, not least apple last night, failing to give the bulls enough courage really to drive the market higher. we will see how we fare during the course of the next 60 minutes, sue. back to you. >>> as you just mentioned, positive news on the economy ahead of the elections. u.s. gdp growing faster than expected. it looks like consumers are hanging in there. but corporations are still sitting on the sidelines. our steve leisman is here to break down the data and look at what it all means for the economy ahead. >> we saw from the data this morning a split economy with consumer growth hanging in there. we saw that also with this morning's confidence numbers. business investment though is flat to
. >>> coming up, howard dean and simone campbell will join me on mitt romney's latest statements about how easy it is to stay healthy without health insurance. >>> and in the "rewrite" what the west wing taught the presidential debate commission of how we need to rewrite the rules of presidential debates. >>> and later, the borat of the iowa caucuses. an actor who tricked the candidates in to sharing real moments with her. that's coming up. many people are struggling with issues related to mental health. by earning a degree in the field of counseling or psychology from capella university, you'll have the knowledge to make a difference in the lives of others. let's get started at capella.edu. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. most paints have color that sits on the surface. but nothing beats benjamin moore's color lock technology that locks color right in
later. first though, simon's at the nyse. >> the vulnerability of technology locks outside apple during the earnings season is large today. losses of just over 5% on ibm. intel down over 3%. we're finding it difficult to get traction despite the fact that most sectors are in positive territory. still broadly we are creeping back to those record highs. take a look at the board. the dow about 620 points, or 4.5% from its october 2007 peak. the s&p about 100 points off its october 2007 peak. about 6.5%. we're five years older and almost back to where we were. >> all right. it is the day after debate -- i take my pen out of my mouth -- debate number two. the president and governor romney both back on the campaign trail. there are just 20 days to go now before election day. president obama in mt. vernon, iowa at this hour. governor romney down in my home state, in chesapeake, virginia. john harwood is here with us. where do the candidates stand now, john? what are they doing, how are they spinning it? >> they're both out on battleground states. both where barack obama has a slight lead over
they don't have health insurance. howard dean and sister simone campbell will join me next. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2550 with schwab etfs. tdd#: 1-800-345-2550 schwab etfs now have the lowest operating expenses tdd#: 1-800-345-2550 in their res
growth you are trying to push a deal with simon properties. >> let me explain, general growth has been a good investment and we actually started off with brookfield as a partner and they've been a good partner to date. the problem is that they're pursuing their own agenda to get control of the country. >> let's set the table for a second. >> please. >> there's three companies here. there's general properties, general growth. >> mall company. >> there's simon. >> yep. >> and then there's -- >> brookfield, big shareholder. >> you're worried about brookfield taking over the company. >> correct. >> that's one of your worries. >> without paying a premium. >> and at the same time you're trying to push a deal with simon and unclear whether simon wants to buy the company. >> no, it is clear. >> it is clear? >> yes. >> even though recently they came out and said they don't want to buy the company. >> sure that's what they always say. >> the oldest story in the book, the question of price. >> it's always a question of price. >> so let me lay it out for you. board has a duty to its shareholders t
rival's skates before a big competition. he says his coach urged him to do it. we'll talk with simon cho in an exclusive interview in just a few minutes. >>> and are chris brown and rihanna back together? hear what folks are saying about their possible reconciliation three years after brown brutally attacked rihanna. >>> and then we're going to switch gears and tell you about a legal reprieve for some high school cheer leaders in texas. the small town squad was tackling a big issue in school involving football and religion. we'll tell you what it's all about. >>> we want to begin this half-hour with the race for the white house. we are talking one month now until election day. both president obama and his republican challenger governor mitt romney are using friday's jobs report to bolster their campaign arguments. mike viqueira is at the white house. >> reporter: it is a huge number, it's good news for the unemployed, good political news for the president, but at least some people think the news is a little bit too good to be true. campaigning in ohio, the president seized on the new num
for a video. megyn: simon, the use of the phrase "no acts of terror will ever shake the resolve of this great nation" on the heels of an acknowledgment of 9/11 and having gone to arlington cemetery is not necessarily synonymous with the president proclaiming what what happened n benghazi as a terrorist act. do you take it now as such? >> i first want to say that i don't work for the government, and i don't have a security clearance, and there's an awful lot going on here that we're all trying to make sense of here, so i want to say that on the outset. let me read you what barack obama said the next day, which is he said: so i want all of you to know that we are going to bring those who killed our fellow americans to justice. i want people around the world to hear me. to those who will do us harm, no act of terror -- not no acts, but no act of terror -- will go unpunished. so i think that what is fair right now is what we know is this: in the days afterwards of this terrible act, this tragic act, we knew immediately that military means had been used. this was not like what happened in cairo wh
it. featured speakers include simon johnson, former chief economist with the imf, and karen petrou. this is just over an hour: >> thank you very much. i certainly hope and expect that this discussion will be as stimulating and exciting as the last panel. each of the panelists will speak for about ten minutes, and then we'll have an opportunity for colloquy among the panelists and then open for questions to the audience. we'll go in the following order, scheherazade will start us off, then anna will be second, simon third and karen fourth. so, scheherazade, please, kick us off. >> thank you. thank you, art. it's a pleasure to be here at she leaf's annual event. i will try not to put you too much into a gloomy mood. [laughter] if you're going to discuss the business of trying to predict what possibly is the next financial crisis, i think it's important to discuss the changing nature of these crises. thirty years ago we had what we now affectionately call the traditional type of crisis, only happened in emerging markets, and the contagion of this crisis was regional. so if brazil got
decades have gone to the people at the very, very top. and as sister simone said, i don't think americans want to live this way. and they offer three choices and say, which one is the kind of society that you'd like to live in and most people chose the even more egalitarian setup. i think the issue is that people don't really understand how divided the society has become. >> chrystia, when you look at this graph, it shows that income inequality has grown. 275% gain in incomes since 1979. the bottom, watch this, the bottom 20% have had only 18% in income gains. is it that we are in denial or is it that we are just unaware because this happened so recently to us? >> well, i think we are in denial and i also think, look, there is a very powerful rhetorical machine which has made it its business to tell people that this isn't a problem. the other thing, which i think had a really, really big impact, was up until the crisis of 2008, the country was flooded with cheap consumer credit and so even as people lower down the income distribution, we're really getting hammered as long as they could bo
. >> she became famous for chasing -- , but now singer adele is now a mother. she and her boyfriend simon are ecstatic with a new baby boy. once again, the injury and bug has hit "dancing with the stars." >> melissa rosecroft suffered a head and neck injury during a fall in rehearsal. been released from the hospital. our partner posted a message on twitter last night if saying he was really concerned about air and that he did not know if they would be able to dance tonight. he asked the fans to keep them in their prayers. tonight's show starts at 8:00 on abc 7. >> the weekend box office had the fourth installment of paranormal activity, in the number one place. $31 million. in second place was ben affleck 's movie with $16 million. followed by a hotel transylvania. this is for you. bieber fever is coming he will be performing at the verizon center in november. >> we're giving you a chance to win two vip tickets. starting today we will give a daily clue during abc 7 news at 5:00. once you get a clue, go to our facebook page and enter the school. if we will give you a call each day this we
of their anti-poverty tour. i'll talk with sister simone campbell about that, and the presidential campaign, stay tuned. you're watching "the ed show" live from miami, florida. we're right back. . [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having dif
of changing who pays for your health care." and simon rosenberg, president and founder of the new democrat network, also a former clinton campaign adviser. gentlemen, thanks so much for being here. steve, let me start with you. so places like sears and olive garden, red lobster, they're going to give their employees a chunk of change, and supposedly you can go out and buy your own insurance. is this a great idea or a horrible idea? [laughter] >> i actually kind of like the direction here of, basically, saying to workers you can shop around, you can buy the health care plan that really suits your need. so it's a kind of freedom of choice approach. now, the way this ties in, by the way, allison, to obama's health care plan that you were talking about a minute ago is that under obama's plan what you're seeing is a lot of employers are dropping their health care plans that they provided for years to their employers, and they're going to put those workers into what's called the health care exchange under obamacare. that's something that workers are resisting because it means they're not going t
hasn't changed. here's wall street journal columnist simon constable. >> something has vanished from mainstreet. its trust in wall street. as a result small investors are dumping stocks. in fact, even as the stock market has soared cle to record highs, mutual and exchange-traded fund vestors, a rough proxy for retail stock buyers, have dumped $138 billio, in shares, that's billion with a "b", according to data from the investment company institute. some people will tell you that's because small investors are too emotional and so they make terrible decisions. they were burned by the credit crunch and the popping of the tech bubble and are now are gun shy. in short, the message is, they are stupid because they've missed the recent rally, but maybe they aren't. maybe they are justly shy of shenanigans on wall street. new research shows that one in five chief financial officers of public companies admit to cooking the books. the study comes from professors at emory and duke universities. in a survey they found that about 20% of c.f.o.s used accounting tricks that didn't reflect the compa
has not ♪ >>> 10:00 a.m. coming up. we'll begin with simon huff. hey, simon. >> shawn matthews will be joining us. microsoft, google or apple? we'll also have renown chef nobu on the program. he's opening a hotel in vegas, believe it or not. back to you. >> that jalapeno is the best thing on the planet. meanwhile, six in 60. >> it is a bunch of new products. deutsche says panera remains strong. >> this is the survivor. this is the quick service food people really like. >> credit sweeps goes from a hold to a sell on safeway. >> this is whole foods. trader joe's if it became public would be a sidebar. >> b of a, recommended by sirius xm? >> this really is interesting that the stock could be capped by liberty media, but they went out to give it a $3 price tag. please don't change that. >> wynn resorts, buy it? >> when is a chinese play. you have to believe that the chinese are going to start spending again or it won't work. >> skywork solutions? >> this is one, do they have enough in the apple ipod? do they not? it goes back and forth. >> more of the names, go to our website. >> m
banks may make them too small to succeed. then, simon johnson will have five minutes to rebut as well peter, and you will each have three minutes to make your closing arguments. thereafter, we will open and up to a panel discussion. you can throw questions at one another, cast of versions and make attacks as you want. we will have an open discussion as time allows and we will open and up to q&a from the audience. i know we will have our timekeeper standing in the back. you will be cut off if you use more than your allotted time. with that, let us get started. harvey, the floor is yours. you have eight minutes. you do not have to use at all it did not choose to. >> thank you. i would like to think brad for inviting me to come up here for this debate. another thing i need to say, and i might be the only one on the panel has to do this. but give a disclaimer. the pews am going to express today our mind. -- the abuse and gorda express i am going to express today our mind. what i am going to say is not necessarily the view of anyone else in the federal reserve system or any of the parts of
the following order. ann pinedo will be second, simon third, and karen forth. please kick us off. >> thank you. it's an honor to be here. ly not fry to put you in a glomy mood. it you're going to discuss the business of trying to predict the next financial crisis, i think it's important to discuss the changing nature of these cry cease. thirty years ago we have what we call the traditional type of crisis only happen in emerging market, and the contain was regional. latin america got hit. your financial eggs in southeast asia were relatively safe. in late 1995, 1994 early 1995, the world as we knew it changed. mexico crashed and something strange happened within three days market in how long hong kong, india and poll land crashed. we didn't expect it. we didn't understand what what was in place that was causing world emerging markets to crash because mexico crashed. when economist can't understand something, we give it an special name. we call it an anomaly. [laughter] when asia crashed we truly understand that something was different because it drags down every emerging market in the world. an
, this is one hour and 25 minutes. >> welcome, everybody. i am simon rosenberg. we are grateful that you came out here today. if we had done an event around polling we would have a few more people, but we are lucky to have joining rob shapiro, the chair of our globalization initiative, our good friend edward luce, who is now the former bureau chief of "the financial times," now chief american commentator and is also a published author. he has recently written one of the more influential or at least highly commentated -- there was so much commentary around his book about whether or not america was in decline in the economic issues we will be talking about today and we feel lucky he took time out of his busy schedule to guide us. many of you know rob shapiro, who has a long history of policy leadership here in washington, starting in the early days working for daniel patrick moynihan, to helping advise bill clinton in 1992, and eventually becoming the undersecretary of commerce in the second clinton term. what brought us together is the subject we will talk about today. back in early-2005, when
an open questions to the audience. we'll go to the following order. sherazad and simon third and karen fourth. so kick us off. >> thank you. thank you, art. it is a pleasure to be here at cleaf's annual event. i will not hope not to put you too much into a gloomy mood. if you're trying to predict what is the next financial crisis, i think it is important to discuss the changing nature of these crises. 30 years ago, we had what we gnaw affection atly call the traditional type of crisis. only happens in emerging markets and contagion of these crisis was regional. so if brazil got hit, latin america got hit. effects in southeast asia were relatively safe. but in late 1995, sorry, 1994, early 1995, the world as we knew it changed. mexico crashed and something very strange happened. within three days markets in hong kong, india, hungary, poland crashed. we weren't expecting this and we most certainly did not understand what transmission mechanism was in place that was causing world emerging markets to crash just because americas cocrashed. you know when economists can't understand something
and that result. joining me now, simon rosenberg, a former clinton campaign adds advisor and ben ferguson. when the president claimed he said it was terror at the town hall debate, that he said that september 12, now we see the information coming in in realtime about the 20 guys and how the ambassador was locked in the safe room and we know how it wound up. that was the first question i wondered was if he night was terror. there is no question he knew four americans were dead. but he knew it was terror. was it appropriate for him to go to vegas on the first, you know, the first time he acknowledges we had a terror attack on his watch? >> well, clearly he did because he went. we are at the very ends of this campaign. i'm sure that was not an easy decision to make. but it also was over. it was handled. we had people in place managing this for him. this is a large government. we have a large military intelligence apparatus. i think they made the decision it had ended it had been settled, we were starting to get information coming in and he didn't change his public or private schedule that day. pre
schools across the u.s. trying to seat new record. they will take part in the largest game of simon says. the game takes place at schools in columbia and gambles as part of the annual event celebrating the importance of play for the development of children. >>> one of the biggest musicfestivals is going to take place tomorrow at mary weather post pavilion. vergein mobile free fest will release 1,000 extra free tickets for this festival. this year's lineup includes jack white and zz top. >>> everything changes 50 years ago today when the beatles released the first single love me do. mark the anniversary of the band's 1967 film magic mystery tour is restored and reissued on dvd and blu-ray. the film was the first written and directed by the fab four. >>> the nhl chanceeled the -- canceled the first two weeks of the regular season. this is the second time games have been canceled because of a lockout. the league is a 3 billion dollar dispute with the players all 82 games from october 11th until the 24th have been wiped out. it's going to affect a lot of people working in that industry. >>>
massive flooding. really cool feature. simon thanks for showing that to us, pictures from up and down the east coast. we want your pictures. we're putting them up on the website as fast as we're getting them. you can e-mail them to us. guys, back to you. >> we've gotten great ones. thank you. and listen, why don't you help us help others. why liking our wusa 9 facebook page. we are donating a dollar for every new like we get. >>> outside right now. doesn't look too bad. topper is along in a minute to tell you how bad it's going to be or how good it's going to be over the next few days. >> let's give you some perspective on sandy. turns out she is the largest hurricane in terms of diameter on record. 945 miles. igor in 2010 was 920 miles. olga in 2001 was 865 miles. let's kind of put this in perspective. we'll move it onshore. if it were located over the tennessee valley it would affect people in des moines down to houston all across the gulf coast, the key west and up to bangor, maine. that is a huge storm. one reason we saw so much damage north of us. okay, the show. here we go. this
.32. this is applies to books from publishers harper collins, simon and schuster, and hachett book group. the publishers have denied wrongdoing. >>> travel to outer space at thousands of miles per hour, but the space shuttle "endeavour" has finally made it to its final destination tonight. >>> and another beautiful fall day outside but the workweek not >>> space shuttle "endeavour" has finally arrived at its new home. the shuttle rolled into the california science center in los angeles about two hours ago. but that was more than 15 hours later than scheduled. its 12-mile trip through the city hit some snags. crews had to carefully maneuver the massive shuttle around trees, buildings, and ewe tillitil tillity poles. hundreds of thousands of people lined the streets to see the shuttle. the exhibit will open october 30th. what a sight that was. >> just what l.a. traffic needed was the space shuttle navigating downtown. >> like something out of a horror flick. >> i still always thought it was prettier when it was flying because that's what it was built to do, you know? that shot over the gol
of the luxury of time and my publisher, simon & schuster, i declined to get the meeting notes to get the exact detail to interview president obama and speaker boehner and the key players in this. i just want to take one quick snapshot from what happened that we didn't know about, which is critical. when the cops pull up less when the president was upset, he called the congressional leaders on a saturday morning at 11:00 o'clock a.m. the democratic and republican leaders were trying to work out their own deal. harry reid, the democratic leader, said to the president, mr. president, could you please leave the room? i have covered presidents for four years. i know of no other time where the president was asked the meeting in his own house that he had called. i asked the president about this. i said how did it feel to be voted off the island in your own house. because that is what happened. he said that he was not going to stand on protocol, that the problem needed to be solved. but in the next day, he called democratic leaders to the white house from 6:00 o'clock on a sunday night. and harry reid
there autographed by simon, by me, jim, david, melissa. did we give it to santelli and david? >> i think we did. >> we'll announce the winner later in our program. maybe it's you. best of luck, we think that pen, by the way is waterproof, but if it's not. >> that's why i signed it on the inside. >> i wasn't sure. i thought it would be safe. it's great. it's a collector's item, really. >> i hope they don't see it on ebay immediately. >> no bid. i like visa mastercard and i like paypal. >> all right. last night on "mad money," in case you didn't watch, he sent it to the shredder. get ready for cramer's mad dash and shoppers and investors, the president of sears and kmart will share his holiday season strategy for giving both stores a much-needed sales boost. >> take one more look at futures hanging on to an implied open about 60 points to the upside after the jobs number. we'll see if it lasts when "squawk on the street" comes back. er. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mi
strategist and fox news contributor and with us here in washington, simon rosenberg, the president of mdm a center left think tank. all right, simon, let's start with you. gergen, come pro-call and others -- tom brokaw and others joe biden looked a little silly the man was almost 70 years old acting like an eighth grader at the school yard trying to taunt the kid maybe not in the cool crowd. >> look, i think joe biden as you said did what he had to do last night. he was aggressive. he took on paul ryan and the republicans and their arguments in a way that barack obama frankly didn't do in the previous debate. he had energy and vigor which i think is what democrats were looking for. i think you saw joe biden last night maybe not everybody has seen joe biden over the years in debates and other places, but i felt that was the joe biden that i know. and i don't think there was any pretense. as he said, i mean what i say and i say what i mean. >> laura: middle class has been buried in the last four years. that helps the republicans. >> he had a good night. democrats are very happy. as you are
that there would be if the government had cuts of that kind. you had simone campbell on who pointed out that there's a study by bread for the world showing if you took the food stamp cuts, every church would have to come up with $50,000. most churches don't have that money. you shouldn't be cutting people off food stamps and expecting groups to pick up all that slack. >> ryan has said that 30% of americans want a welfare state. 30% of people are takers. how does he square those comments with this visit here? what was it all about? >> i think it's been clear for awhile, especially since the 47% video, that the republicans said whoops, where did that compassionate conservatism go. we better show we have a heart somehow because those comments are hurting us. they don't want to talk about budgets. they want to put out feel-good words and mitt romney offered some of those in the first debate. and they want to give us pictures that say we have big hearts. well, you can't make bricks without straw. show us what your priorities are. some of it should come from voluntarily contributions, but we built these
simon, chief political columnist for politico oonld jacky kucinich who writing politics. let's talk about candy crowley, did she insert herself too much as a moderator? >> not at all. she did exactly what she was supposed to do. why do they have journalists be moderators? why don't they have a time keep teller? they want to have a gloss of journalism so it doesn't look like reality tv, but they don't want journalists to really be journalists. they just want them to play journalists on tv. candy crowley was a journalist. she called out truth when truth needed to bo called out. she added perspective. she did what she was supposed to. do you could tell which campaign thinks it lost by who attacks the moderator most. >> i have observed that. should a moderator attempt to correct the record in realtime if he or she believes the candidate has said something wrong? >> i think absolutely. she called it for romney but also president obama. whoever's complaining at the end of the debate probably last. think candy did her job. some think she did that too much. in many ways town hall folks didn
whether or not to sue google. it's a lawsuit many say can't possibly add up. dan simon has the story. >> the top voice recognition software -- >> reporter: on a recent episode of "the good wife" a small software company took a giant search engine to court alleging it was being unfairly buried in search results. >> we dropped overnight, we dropped. now you have to flip through 28 pages of search results to find us. >> reporter: that mirrors some of the real life allegations against google. antitrust authorities here and in europe are investigating whether google manipulates its search results and puts its products higher or more prominently to the detriment of competitors. >> you've cooked it. you are always third. >> senator, senator, may i simply say that i can assure you we have not cooked anything. >> reporter: google's chairman eric schmidt faced tough questions last year while testifying in front of a senate subcommittee. >> -- seems to suggest it favors google products. is that true? >> as i said, first, i disagree with that characterization. what i said over and over again was
khomeni. joining me simon henderson, director of the gulf and energy policy at the washington institute for near east policy. thanks so much for joining us. let me get your reaction. what do you think of these new sanctions? >> will they help? will they do the business? probably not. we need more than that and it's, as you probably realize, or no already, there's an argument which is that sanctions aren't going to do the business anyway. they won't change the mind of tehran on its nuclear program. melissa: yeah, let's start with the new sanctions first, kind of what they are. they're supposed to close the existing loopholes in the sanctions. another thing they do is add penalties for companies who aid iran's business sector. sounds like things we should have been doing anyway. >> yeah, but you can always think of other little niches that yoou've got to cut off and this is what they're doing. if, i was cynical of course i'm not very cynical, i would say that the obama administration is taking opportunity to do something else whi might explain why they haven't done it in the past or givin
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